I have a modest proposal to get rid of these patent trolls and these ridiculous settlements that typically are decided by a jury of West Texas farmers. Patents ought to be designated a non-transferrable property. Inventors may create a trust that receives patent revenues, and direct those revenues to any entity they please (their own company, their heirs, another company, a charity, etc.) but would not be able to act…
1. Patents are a crap shoot.
2. No realistic means to recover legal fees if you do fight.
3. So it's a one-sided crap shoot.
You could say that being a NPE is a part of #2, but there are easier ways to fix it: just require posting a bond when suing for patent infringement. If you lose, some or all legal expenses will be deducted. If you win, you get the whole thing back.